Overview
What is Appalachian Development Alliance Inc?
Appalachian Development Alliance Inc is a nonprofit organization committed to economic and community development in Kentucky's Appalachian counties. They facilitate joint funding opportunities, drawing from both private and government sources, to establish robust financial resources for projects. Their mission is to empower local development, aiming to improve the economic landscape and overall well-being of these regions.
Is Appalachian Development Alliance Inc legitimate?
Appalachian Development Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Appalachian Development Alliance Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Appalachian Development Alliance Inc?
The Appalachian Development Alliance Inc's mission is to facilitate joint funding opportunities, drawing from both private and government sources. The aim is to establish a financially robust program that catalyzes economic and community development projects in Kentucky's Appalachian counties. This initiative is focused on fostering growth and improvement in these regions. The alliance leverages these funds to support projects that stimulate economic development in the area.
Who is the CEO of Appalachian Development Alliance Inc?
Frank Rhodus is the President of Appalachian Development Alliance Inc.
What is the revenue of Appalachian Development Alliance Inc?
Appalachian Development Alliance Inc's revenue in 2022 was $139.
Who are the executives of Appalachian Development Alliance Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Appalachian Development Alliance Inc?
Appalachian Development Alliance Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Appalachian Development Alliance Inc
Appalachian Development Alliance Inc is dedicated to facilitating economic and community development in Kentucky's Appalachian counties. They achieve this by securing joint funding opportunities from both private and government sources. These resources are used to establish programs with sufficient financial backing, which in turn foster projects that contribute to the region's economic growth and overall community development. This organization's mission is focused on enhancing the economic landscape of Appalachia, promoting sustainable development and improving the quality of life for its residents.
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Impact
October, 2024
Appalachian Development Alliance Inc significantly impacts the economic and community landscape of Kentucky's Appalachian counties by facilitating access to funding. By coordinating joint funding opportunities for loans and grants from both private entities and government sources, they empower local initiatives aimed at fostering economic development. Their efforts create a robust financial framework that supports various projects, enhancing community infrastructure, promoting local businesses, and ultimately improving the quality of life for residents in the region. This strategic collaboration not only fuels immediate development needs but also lays the groundwork for sustainable growth and prosperity in Appalachia.
This information is meant to be a general summary of Appalachian Development Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $139
- Gross Receipts: $139
Assets and Liabilities:
- Total Assets: $66,765
- Total Liabilities: $6,987
- Net Assets: $59,778
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Organization Details
Principal Officer
Frank Rhodus
Main Address
PO BOX 1738, LONDON, KY, 40743
NTEE Category
Code: P20 - Human services
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